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KCB buy buy buy
Ericsson
#581 Posted : Wednesday, March 08, 2017 12:21:53 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,786
Location: NAIROBI
obiero wrote:
Ericsson wrote:
KCB Group will be releasing its Full Year 2016 Results Tomorrow

Weka link!!! :)


Relax and tune inn tomorrow morning to hear
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#582 Posted : Wednesday, March 08, 2017 1:51:50 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,890
Location: nairobi
Ericsson wrote:
obiero wrote:
Ericsson wrote:
KCB Group will be releasing its Full Year 2016 Results Tomorrow

Weka link!!! :)


Relax and tune inn tomorrow morning to hear

20-11.. 10-1.. The date was written right here long ago,plus the result itself!

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.76; MTN ABP 5.20
Ebenyo
#583 Posted : Wednesday, March 08, 2017 2:47:52 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
obiero wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
KCB Group will be releasing its Full Year 2016 Results Tomorrow

Weka link!!! :)


Relax and tune inn tomorrow morning to hear

20-11.. 10-1.. The date was written right here long ago,plus the result itself!


wapi link?
Towards the goal of financial freedom
wazuaguest
#584 Posted : Wednesday, March 08, 2017 4:24:09 PM
Rank: Member


Joined: 2/9/2012
Posts: 576
Ebenyo wrote:
obiero wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
KCB Group will be releasing its Full Year 2016 Results Tomorrow

Weka link!!! :)


Relax and tune inn tomorrow morning to hear

20-11.. 10-1.. The date was written right here long ago,plus the result itself!


wapi link?


So on point.How do you get to know?
Africa belongs to Africans.
obiero
#585 Posted : Wednesday, March 08, 2017 5:58:51 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,890
Location: nairobi
Spikes wrote:
Ebenyo wrote:
obiero wrote:
Ebenyo wrote:
obiero wrote:
mulla wrote:
obiero wrote:
Ebenyo wrote:
obiero wrote:
20-11, 10-1..I speak in code


meaning?

@ebenyo go figure


+9% PBT??

You are thinking well.. Big reveal T+5



what about dvd?

1+1




that will be so nice!

Be cautious when folks speak in codes.

@wazuaguest the exchange bar never falters.. PBT 30.1B

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.76; MTN ABP 5.20
Ebenyo
#586 Posted : Thursday, March 09, 2017 8:13:54 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
obiero wrote:
Spikes wrote:
Ebenyo wrote:
obiero wrote:
Ebenyo wrote:
obiero wrote:
mulla wrote:
obiero wrote:
[quote=Ebenyo][quote=obiero]20-11, 10-1..I speak in code


meaning?

@ebenyo go figure


+9% PBT??

You are thinking well.. Big reveal T+5



what about dvd?

1+1




that will be so nice!

Be cautious when folks speak in codes.[/quote

Obiero was correct on barclays cfc and nic.lets see today.
Towards the goal of financial freedom
Ericsson
#587 Posted : Thursday, March 09, 2017 9:04:11 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,786
Location: NAIROBI
Ebenyo wrote:
obiero wrote:
Spikes wrote:
Ebenyo wrote:
obiero wrote:
Ebenyo wrote:
obiero wrote:
mulla wrote:
obiero wrote:
[quote=Ebenyo][quote=obiero]20-11, 10-1..I speak in code


meaning?

@ebenyo go figure


+9% PBT??

You are thinking well.. Big reveal T+5



what about dvd?

1+1




that will be so nice!

Be cautious when folks speak in codes.[/quote

Obiero was correct on barclays cfc and nic.lets see today.


Ya KCB leo he missed the mark slightly.
Dividend at sh.3 and PBT was at 32.5bn before loss on monetary position and after loss of monetary position 29.1bn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#588 Posted : Thursday, March 09, 2017 3:20:58 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,890
Location: nairobi
obiero wrote:
VituVingiSana wrote:
obiero wrote:
Angelica _ann wrote:
Meanwhile 15 now looks feasible smile

I sold at KES 61 and @vvs called me a fool for it


Really? Please show me... [KCB isn't my cup of tea. I don't trust their level of NPLs]

Hahaha.. Maybe I lied there to get @vvs attention

The subsidiary mess has come to bite the lions ass http://www.businessdaily...2938-14idqocz/index.html

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.76; MTN ABP 5.20
Ericsson
#589 Posted : Thursday, March 09, 2017 3:36:32 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,786
Location: NAIROBI
obiero wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
[quote=Angelica _ann]Meanwhile 15 now looks feasible smile

I sold at KES 61 and @vvs called me a fool for it


Really? Please show me... [KCB isn't my cup of tea. I don't trust their level of NPLs]

Hahaha.. Maybe I lied there to get @vvs attention

The subsidiary mess has come to bite the lions ass http://www.businessdaily...938-14idqocz/index.html[/quote]

Kaa KQ unaharibia wengine kula nyama.

Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#590 Posted : Thursday, March 09, 2017 3:49:48 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,890
Location: nairobi
Ericsson wrote:
obiero wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
[quote=Angelica _ann]Meanwhile 15 now looks feasible smile

I sold at KES 61 and @vvs called me a fool for it


Really? Please show me... [KCB isn't my cup of tea. I don't trust their level of NPLs]

Hahaha.. Maybe I lied there to get @vvs attention

The subsidiary mess has come to bite the lions ass http://www.businessdaily...938-14idqocz/index.html[/quote]

Kaa KQ unaharibia wengine kula nyama.


LOL.. 3bob ndio inafanya uite watu bash?? Anyways, I wish you a stressfree investment journey with simba

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.76; MTN ABP 5.20
hisah
#591 Posted : Friday, March 10, 2017 12:39:52 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Simba needs to close the month above 30 handle in order to confirm the floor has been fixed at 23 handle for the current rebound. Once confirmed the next target is 35 then 40 handle which will be tough resistance levels.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
sparkly
#592 Posted : Friday, March 10, 2017 12:43:46 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
hisah wrote:
Simba needs to close the month above 30 handle in order to confirm the floor has been fixed at 23 handle for the current rebound. Once confirmed the next target is 35 then 40 handle which will be tough resistance levels.


Simba is an agile big cat. I see they have gone paperless in some Branches.
Life is short. Live passionately.
Ericsson
#593 Posted : Saturday, March 11, 2017 11:38:33 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,786
Location: NAIROBI
Simba's dividend yield is higher than the interest on the 91 and 182-day tbill.
Institutional investors and pension schemes are currently the big movers
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sparkly
#594 Posted : Saturday, March 11, 2017 11:43:25 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
Simba's dividend yield is higher than the interest on the 91 and 182-day tbill.
Institutional investors and pension schemes are currently the big movers


The PE on this share is crazy.
Life is short. Live passionately.
Metasploit
#595 Posted : Saturday, March 11, 2017 12:22:49 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Liquid stock with a Div yield of 8.5% at Kes 35

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Metasploit
#596 Posted : Saturday, March 11, 2017 12:24:53 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
7.5% at Ksh 40

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
stock.enigma
#597 Posted : Saturday, March 11, 2017 12:38:50 PM
Rank: Member


Joined: 8/14/2009
Posts: 244
Metasploit wrote:
7.5% at Ksh 40



and 5% @ Ksh 60
obiero
#598 Posted : Saturday, March 11, 2017 12:57:11 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,890
Location: nairobi
obiero wrote:
lochaz-index wrote:
VituVingiSana wrote:
mlennyma wrote:
VituVingiSana wrote:
There is something about KCB that worries me. I do not trust their numbers. I think the CBK & Treasury are protecting KCB but the rot will show up some time!

If KCB went through a thorough review of all its loans, I think the NPLs will jump. My gut feeling.

conversion to equity of part of that money (loan) means creating more shares?

Conversion of loans [given to KCB] to equity would have to go through a conversion process so I do not think that is on the cards at the moment. For now, KCB wants Tier 2 loans to shore up its capital.

My gut feeling... It is a matter of time before KCB will be forced to take write-downs and provisions for some of its loans. I think KCB wants to get the Tier 2 loans in place, cut back on dividends [scrip issue] and perhaps a Rights Issue BEFORE the NPLs are booked and provisions taken. Time frame 12 months ie FY 2017. The excuse can be the elections were bad for business.

Exactly! The same goes for most banks save for a prudent few. Banks have had a fine run in terms of their loan book for close to 15 years. A washout is way overdue. This makes it a question of when (not if) to take the hit/heat on their earnings through charge offs. My money is on FY 2017 being the real shocker with or without both the rate caps and the election.

For tier III and IV banks, even FY 2016 will be bad. The big boys can stay the execution a while longer but sooner or later the chicken will come home to roost.

As smaller banks falter, does the money move to Timbuktu or to the local larger banks

Prophecy fulfilled

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.76; MTN ABP 5.20
obiero
#599 Posted : Saturday, March 11, 2017 12:59:42 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,890
Location: nairobi
VituVingiSana wrote:
There is something about KCB that worries me. I do not trust their numbers. I think the CBK & Treasury are protecting KCB but the rot will show up some time!

If KCB went through a thorough review of all its loans, I think the NPLs will jump. My gut feeling.

See how this guy makes wazuans miss out on the right buses

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.76; MTN ABP 5.20
Metasploit
#600 Posted : Saturday, March 11, 2017 1:24:25 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
stock.enigma wrote:
Metasploit wrote:
7.5% at Ksh 40



and 5% @ Ksh 60


This will be too ambitious..Safaricom at 21.5 was doing a Div Yield of 6%

Both are liquid and foreign darlings..With the bear in town,no less that 7.5% will be appreciated.
Lets watch the pullback next week to determine how high it can jump..support should be set at 29-30

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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